Mitsubishi UFJ Asset Management Co. Ltd. Grows Holdings in Leidos Holdings, Inc. $LDOS

Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 2.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 264,498 shares of the aerospace company’s stock after acquiring an additional 5,309 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Leidos were worth $49,980,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Mather Group LLC. bought a new stake in shares of Leidos during the 3rd quarter valued at $28,000. True Wealth Design LLC increased its stake in Leidos by 471.4% in the 2nd quarter. True Wealth Design LLC now owns 200 shares of the aerospace company’s stock worth $32,000 after buying an additional 165 shares in the last quarter. Mountain Hill Investment Partners Corp. raised its holdings in Leidos by 66.2% during the second quarter. Mountain Hill Investment Partners Corp. now owns 216 shares of the aerospace company’s stock valued at $34,000 after acquiring an additional 86 shares during the period. First Horizon Corp purchased a new position in shares of Leidos in the third quarter valued at about $39,000. Finally, Motco purchased a new position in shares of Leidos in the third quarter valued at about $43,000. 76.12% of the stock is owned by hedge funds and other institutional investors.

Leidos Price Performance

Leidos stock opened at $174.98 on Friday. Leidos Holdings, Inc. has a 52-week low of $123.62 and a 52-week high of $205.77. The company has a quick ratio of 1.58, a current ratio of 1.70 and a debt-to-equity ratio of 0.93. The firm’s fifty day moving average is $185.59 and its 200 day moving average is $186.58. The company has a market cap of $22.12 billion, a price-to-earnings ratio of 15.72, a PEG ratio of 1.24 and a beta of 0.59.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, February 17th. The aerospace company reported $2.76 EPS for the quarter, topping analysts’ consensus estimates of $2.57 by $0.19. The business had revenue of $4.21 billion during the quarter, compared to analysts’ expectations of $4.31 billion. Leidos had a net margin of 8.43% and a return on equity of 32.95%. The business’s revenue was down 3.6% on a year-over-year basis. During the same period last year, the company posted $2.37 EPS. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. Sell-side analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Monday, March 16th. Leidos’s payout ratio is presently 15.45%.

Insider Transactions at Leidos

In other news, insider Elizabeth A. Porter sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $192.21, for a total transaction of $576,630.00. Following the transaction, the insider owned 38,575 shares of the company’s stock, valued at approximately $7,414,500.75. The trade was a 7.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.96% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on LDOS shares. Jefferies Financial Group reiterated a “buy” rating and set a $215.00 target price on shares of Leidos in a research report on Monday, February 23rd. UBS Group set a $204.00 price objective on shares of Leidos in a report on Thursday, January 15th. Wall Street Zen cut shares of Leidos from a “strong-buy” rating to a “hold” rating in a research report on Saturday, February 21st. Citigroup upped their target price on shares of Leidos from $218.00 to $232.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Leidos in a research note on Monday, December 29th. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Leidos has an average rating of “Moderate Buy” and a consensus target price of $214.18.

About Leidos

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos’ work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.